"We have strong positive momentum and a once in a lifetime asset that will provide long-term value for all shareholders."Īs previously announced, Fission instituted an Advance Notice Bylaw as a matter of best corporate governance practice to provide Directors and Management of the Company with direction on the procedure for shareholder nomination of directors. After receiving an extremely positive Preliminary Economic Assessment for the asset, our leadership team is focused on executing a plan to build on the potential of PLS and the Triple R Deposit to become the lowest cost uranium producer in the world," said Chairman and CEO, Dev Randhawa. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) (" Fission" or the " Company") updates shareholders on the important progress being made to create long-term value and corrects some inaccuracies released by an isolated entity with no experience in uranium exploration, which threatens to distract shareholders from the momentum Fission has. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.KELOWNA, BRITISH COLUMBIA-(Marketwired - Oct. Note that the highest uranium lake sediment anomaly occurs on Forum’s property. The Company has a strategy to discover near surface uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut by exploring on its 100% owned properties and through strategic partnerships and joint ventures.įigure 1: Forum’s Clearwater claims in the Patterson Lake area. Forum has assembled a highly experienced team of exploration professionals with a track record of mine discoveries for unconformity-style uranium deposits in Canada. is a Canadian-based energy company with a focus on the acquisition, exploration and development of Canadian uranium projects. All phone, fax and email addresses remain the same. (Saskatchewan/Nunavut), Forum’s Vice President, Exploration is the Qualified Person that has reviewed and approved the contents of this news release.įorum is pleased to announce a change of address. Plans are to conduct an airborne radiometric survey, radon surveys, further ground geophysical surveys and a detailed prospecting survey in search for uranium boulders and outcrop. This is the first phase of this year’s summer exploration program. As a result, Forum increased the survey to fly the property in more detail for better resolution of the conductive corridor.įorum’s geophysicist, Phil Robertshaw (P.Geo., Saskatchewan) is interpreting the electromagnetic and magnetic data. Preliminary results from the survey confirm that the fertile conductive trend that hosts the high-grade uranium discovery on the Patterson Lake South project (the “Patterson Lake Conductor”) extends on to Forum’s property.
( FDC: TSX-V) is pleased to announce the completion of an electromagnetic and magnetic survey on its 100% owned Clearwater project on the claim boundary immediately southwest of the Alpha Minerals/Fission Uranium Patterson Lake South uranium discovery (see Figure 1). Conductor Trend of the Alpha/Fission Patterson Lake South Discovery Confirmed on Forum's Property
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